Revolution Lighting (RVLT) Tops Q1 EPS by 4c; Guides Q2 Revenue, Boosts FY16 Outlook

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Roth Capital Affirms Revolution Lighting (RVLT) at 'Buy'; Sees Broader Military Opportunity

May 13, 2016 10:49 AM EDT

Roth Capital affirmed Revolution Lighting Technologies (Nasdaq: RVLT) with a Buy rating and $19 price target following solid Q1 results and guidance issued on Thursday.

Analyst Craig Irwin commented, Revolution Lighting reported strong 1Q16 results with revenue ahead on 23% organic revenue growth.... More